City of Rockton Budget and Finance Committee met July 2
City of Rockton Budget and Finance Committee met July 2.
Here is the minutes provided by the committee:
Chairman Peterson called the regular meeting of the Budget & Finance Committee to order at 6:30 pm.
Members present: Mayor Adams, Scott Fridly, Corine Hughes, John Peterson, Jaye Quimby and Dave Winters
Also present: Chief Dickson, Cory Magnus (6:32 pm) and Jodi May (6:39 pm)
Motion by Mr. Winters, second by Mr. Fridly, to waive the reading of and approve the minutes of June 18, 2019. All ayes. Motion approved 3-0.
SPECIAL WARRANT CONSIDERATIONS
RECOMMENDATION OF PAYMENT
Bills were reviewed and recommended for approval in the amount of $206,061.98.
Mayor Adams inquired how the business district funds were coming and Ms. Quimby advised that at the end of May there was $189,000. Mayor Adams questioned if the online tax will affect the business district at all. Ms. Quimby said that if there are businesses in the business district that sell merchandise online then they will be collecting the extra tax.
JAYE QUIMBY, TREASURER
Ms. Quimby stated that Ms. Hughes will be depositing $25,000 tomorrow and that she will have payroll covered. Ms. Quimby advised that she will be gone the rest of the week and that she is holding checks until she gets back. Ms. Quimby said that she should be receiving $110,000 in sales tax and that she should also be receiving property taxes ($100,000) on July 19th. Ms. Quimby added that income tax should be approximately $65,000 and that she expects to see that the week of July 16th.
JOHN PETERSON, CHAIRMAN
Mr. Peterson inquired if the lease agreement for the Public Works and Parks/Recreation vehicles with Enterprise was going to be postponed. Mayor Adams stated that they have a meeting with Enterprise next week to go over some questions they had regarding the lease agreement. The Committee discussed the process of how the lease works and stated that they will have more information at the next set of meetings.
DAVE WINTERS, TRUSTEE
SCOTT FRIDLY, TRUSTEE
VILLAGE COLLECTOR, CORINE HUGHES
ANY OTHER BUSINESS ALLOWED BY LAW
Ms. Quimby inquired what funds the electrical panel repair in Settlers Park was coming out of. Mr. Peterson advised that the funds will be coming out of the TIF, but the insurance is going to pay for part of it. Ms. Hughes stated that there was a high deductible with the insurance company. Ms. Quimby also verified that the $10,000 for the façade grant will come out of the business district.
Motion by Mr. Fridly, second by Mr. Winters, to adjourn at 6:46 pm.